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Filing Details

Accession Number:
0001179110-11-000902
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-01-13 17:03:23
Reporting Period:
2011-01-11
Filing Date:
2011-01-13
Filing Date Changed:
2011-01-13
Accepted Time:
2011-01-13 17:03:23
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
795212 Trans World Entertainment Corp TWMC Retail-Record & Prerecorded Tape Stores (5735) 141541629
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
900603 J Robert Higgins 38 Corporate Circle
Albany NY 12203
Chairman And Ceo Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Par Value $.01 Per Share Acquisiton 2011-01-11 8,500 $1.64 14,429,851 No 4 P Direct
Common Stock Par Value $.01 Per Share Acquisiton 2011-01-12 20,987 $1.70 14,450,838 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock Par Value $.01 Per Share 137,500 Indirect Higgins Foundation
Common Stock Par Value $.01 Per Share 50,550 Indirect Spouse
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Par Value $.01 Per Share Employee Stock Options (Right to Buy) $0.00 3,075,000 3,075,000 Direct
Common Stock Par Value $.01 Per Share Stock Settled Appreciation Rights $0.00 450,000 450,000 Direct
Common Stock Par Value $.01 Per Share Restricted stock units $0.00 279,898 279,898 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
3,075,000 3,075,000 Direct
450,000 450,000 Direct
279,898 279,898 Direct
Footnotes
  1. All of the equity transactions listed above are pursuant to equity plans qualified under Rule 16b-3 and exempt from Section 16(b) of the Securities Exchange Act
  2. Previously reported on Form 4.
  3. All grants are exercisable within 4 years and expire 10 years from date of grant.
  4. Each restricted stock unit is the economic equivalent of one share of Trans World Entertainment Corporation stock.
  5. Restricted stock units vest based on achievement of predetermined financial goals.
  6. Restricted stock units terminate upon vesting.